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Sofia Yrene

Update on Sofia Yrene

This communal bank member belongs to the communal bank Comuzone I. She continues with her business of selling sweaters. She works from approximately 8:00 am to 6:00 pm. She has had this business for years, and it is going well for her thanks to the effort that she puts into it every day. She sells different types of sweaters in different colors to her customers, who seek her out. She is a responsible and hard-working person, since this is the way she is raising her family.

She is applying for the loan to purchase alpaca sweaters. She is grateful for the loan offered and promises to make the scheduled payments.
View original language description ↓
La socia pertenece al banco comunal COMUZONE I,la socia continua con su negocio de venta de chompas,la socia trabaja desde las 08:00am hasta las 06:00pm aproximadamente ,la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada dia a su negocio,la socia vende diferentes tipos de modelos de chompas y de distintos colores a sus clientes que le solicitan,la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.
La socia solicita el credito para la compra de chompas de alpaca.
La socia se siente agradecida por el credito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

Sra. Sofia Yrene is a member of the Communal Bank “Comuzone I” which is located in the District, Province, and Department of Cusco. She is 40 years old, single, and has one child. Sofia divides her time between her daily activities and her business of selling sweaters. She sells wool sweate... More from Sofia Yrene's previous loan »

Additional Information

Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $12,000
    Average annual income
  • 105
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Sofia Yrene to buy alpaca sweaters to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Oct 1, 2012
Currency Exchange Loss:
Jan 15, 2013